SANTA ROSA, Calif.–(BUSINESS WIRE)–On Might 18, 2021, the Alternate Financial institution Board of Administrators declared a quarterly money dividend of $1.20 per share on widespread inventory excellent to shareholders of file on the shut of enterprise on June 4, 2021. The dividend is payable June 18, 2021. The money dividend is unchanged from the prior quarter’s dividend of $1.20 per share.
50.44% of the Financial institution’s money dividend goes to the Doyle Belief which funds the Doyle Scholarships on the Santa Rosa Junior School.
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About Alternate Financial institution
Headquartered in Sonoma County and based in 1890, Alternate Financial institution is a premier neighborhood financial institution with belongings of $3.1 billion. Alternate Financial institution gives a variety of private, business and belief and funding providers with 18 retail branches in Sonoma County, a business department in Roseville, and belief and funding workplaces in Santa Rosa, Roseville and Silicon Valley. The Financial institution’s legacy of monetary management and neighborhood help is grounded in its core values of Dedication, Respect, Integrity and Teamwork.
Alternate Financial institution is a 15-time winner of the North Bay Enterprise Journal’s (NBBJ) Greatest Locations to Work survey, a recipient of the 2020 North Bay Neighborhood Philanthropy Award and the 2020 Healthiest Firms within the North Bay Award. NorthBay biz journal named Alternate Financial institution the 2020 Greatest Client Financial institution and Greatest Enterprise Financial institution. The Petaluma Individuals’s Alternative Awards named Alternate Financial institution the Greatest Native financial institution and the North Bay Bohemian’s Better of 2020 Readers Ballot named Alternate Financial institution the Greatest Enterprise Financial institution and Greatest Client Financial institution. Alternate Financial institution can be discovered within the NBBJ’s E-book of Lists as a number one lender and wealth administration advisor—retaining the #1 place in SBA 7(a) lending in Sonoma County for 2020. www.exchangebank.com.
Member FDIC — Equal Housing Lender — Equal Alternative Employer